m_and_a
confidence high
sentiment neutral
materiality 1.00
Clearlake completes acquisition of Dun & Bradstreet for $9.15/share; stock delisted
Dun & Bradstreet Holdings, Inc.
- Each share converted into $9.15 cash; company now privately held.
- Stock delisted from NYSE; SEC deregistration to follow.
- Parent entered $5.0B term loan and $500M revolver to fund transaction.
- Former credit agreement repaid; 5.000% Senior Notes due 2029 redeemed at 102.5%.
- All prior directors resigned except Anthony Jabbour; new directors James Pade, Naveen Shahani, Matt Jeong appointed.
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